Nicholas Yaxley.

Global markets remained resilient last week as the UK election result and former FBI director James Comey’s testimony failed to deter investor sentiment. While the British pound was weaker against most major currency pairs, broad market indices (both equity and credit) were left relatively unscathed. This week, the Federal Reserve is expected to raise US interest rates (by the end [...]

Long term treasury bond yields continued their downward trajectory last week following weaker-than-expected US labour force data and heightened geopolitical risk. However, a series of British terror attacks prior to the UK election next month and reports of missile tests in North Korea have failed to deter global equity markets which remain buoyant. The RBA is widely tipped to leave [...]